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WEKU
WEKU
Scott Horsley

The job market got even better, in a surprisingly positive sign for the economy

Economy Inflation Jerome Powell Unemployment Labor Department
A 'We Want You!' sign is posted at an Ike's Love & Sandwiches store in Los Angeles on July 26. (Mario Tama/Getty Images)

The pace of hiring unexpectedly surged last month, as the U.S. job market showed surprising strength in the face of high inflation and softening economic activity.

Employers added 528,000 jobs in July according to the Labor Department — a significant acceleration from the previous month.

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